Business Structure and Profile
The Trust Board primarily owns most land holdings and delegates management and advisory responsibilities through a number of wholly owned companies.
Some key details are:
| Company | Service/Investment Area | 2008Turnover (Revaluations Included) | Key Personnel |
| Ngati Whatua o Orakei Maori Trust Board | Land holding Trust | Group turnover $32.8m and Group equity $263m | G Hawke (Chair), R Rawiri (Deputy Chair), T Tibble (CEO) |
| Ngati Whatua o Orakei Corporate Ltd | Financial, administration & investment advisory services | $1.9m | G Horsley (Board Chair), T Tibble (CEO) |
| Corporate Property Investments Ltd | Property investment/developer company | $Nil | G Horsley (Board Chair), T Tibble (CEO) |
| Orakei Retirement Care Ltd & Orakei Management Services Ltd | Partner in Eastcliffe Retirement Care and Eastcliffe Management Services Partnerships | $4.2m | G Horsley (Board Chair), T Tibble (CEO) |
| Tamaki Retirement Care Ltd & Tamaki Management Services Ltd | Partner in Eastcliffe Tamaki Retirement Care & Eastcliffe Tamaki Management Services Partnerships | $Nil
(in Oct-08 obtained a notified consent to build 380 units in Glen Innes) |
G Horsley (Board Chair), T Tibble (CEO) |
| Ngati Whatua o Orakei Health Clinic Ltd | Public health clinic services with clinics in Orakei, Glen Innes and Otahuhu | $3.8m | L Mitchelson (Board Chair), M Karehana (GM) |
Key People
Grant Hawke (Trust Board Chairman) is our longest standing trustee and senior kaumatua on the Board. First elected in the early 1990’s his special interests include environmental sustainability and Ngati Whatua tribal history.
Tiwana Tibble (CEO) Commenced this role in January 1998. Chartered Accountant by profession with finance and investment banking background. Range of directorships both current and previous in areas of forestry, tourism, kiwifruit, retirement village and property development.
Graeme Horsley, MNZM, (Chairman, Ngati Whatua o Orakei Corporate Ltd) is an independent property consultant and professional director with 40 year’s property valuation and consultancy experience, including 14 years with Ernst & Young New Zealand where he was national director of the real estate group. Graeme is a Member of the New Zealand Order of Merit, a Life Fellow of the New Zealand Institute of Valuers (NZIV) now the Property Institute of New Zealand, an Eminent Fellow of the Royal Institution of Chartered Surveyors, a Counselor of Real Estate and an Accredited Fellow of the Institute of Directors. In 2006 he was appointed a panel member of the Local Government Rates Inquiry; a ministerial inquiry setup to investigate the cost drivers and funding of local authority rating and in 2007 he was appointed an additional member of the High Court. He is chair of Ngati Whatua o Orakei Corporation, an independent director of AMP NZ Office Trust, ING Medical Properties Trust, Willis Bond Capital Limited and Trust Investments Management Limited and chair of the Tauranga Art Gallery Trust.
Tiwana Tibble (CEO) Commenced this role in January 1998. Chartered Accountant by profession with finance and investment banking background. Range of directorships both current and previous in areas of forestry, tourism, kiwifruit, retirement village and property development.
